Blog: Coca-Cola Co & Monster - Did you get rich quick?
Olly Wehring | 1 May 2012
Here's what my news 'timeline' looked like this morning:
A story runs in a prominent newspaper, citing unidentified people familiar with the situation as saying that the Coca-Cola Co is in discussions to buy Monster Beverage Corp.
Then, some stories break saying that Monster's share-price has soared to an eight-year high.
Soon afterwards, Coca-Cola issues a statement, saying it is not in negotiations with Monster.
Finally, several news outlets say that Monster's share price has slipped back to pre-speculation levels.
I'll wager that someone, somewhere made a pretty penny in the last 24 hours.
Whisk(e)y companies spend a lot of money and effort ageing their products for that premium taste....
PepsiCo created a stir last week with the news it is testing a product called Caleb's Kola, with some in the media claiming it was the beginning of a new “craft soda” category....
SABMiller's bid to widen the appeal of beer is very much in evidence at its latest 'House of Peroni' - with beer cocktails and a bigger bottle for the Italian lager brand on offer. ...
Here's a round-up of the big stories on just-drinks last week, featuring PepsiCo, SABMiller, the Scotch whisky category and the US wine market....
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Analysis - Remy's Cognac "dead-cat bounce"
- Focus - Remy Cointreau's H1 Performance by Brand
- Three Questions for the Drinks Industry
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- United Spirits sees Q1 net loss
- Diageo Q1 sales dip "in line with expectations"
- TWE unveils Penfolds range after CEO's "bold move"